Reid Rasner’s vision for TikTok includes user data payments, investment in US sovereign wealth fund

Omnivest Financial Founder and CEO Reid Rasner, who put forth a $47.45 billion bid to buy TikTok, vows to donate 5% of his bid to the U.S. sovereign wealth fund and allow the U.S. government to buy in at the $50 billion valuation. Rasner also explains how under his control, TikTok will give users the option to monetize their own data. “Our offer is truly the America First offer, and we’re excited to be part of this,” he says.